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| Mahmood Arai and Fredrik Heyman |
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| ''Temporary contracts and the dynamics of job turnover'' |
| ( 2004, Vol. 10 No.4 ) |
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| We report results indicating that job turnover is not countercyclical in general but rather reflects the inability of smooth labor adjustment through the use of temporary employment contracts. Service establishments with a high share of temporary employment exhibit acyclical job reallocation, while only permanent jobs within manufacturing are found to be countercyclical. |
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| Keywords: Dual labor markets |
JEL: J2 - Demand and Supply of Labor: General
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| Manuscript Received : Mar 13 2004 | | Manuscript Accepted : Apr 12 2004 |
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